BEVERLY HILLS, CA-“I characterize 2010 as schizophrenic,” saidRoy March, CEO of Eastdil Secured LLC, at Allen Matkins’ thirdannual View From the Top. March, who served as the event’s firstkeynote speaker, pointed out that the “global markets areconfused,” and that this year has been a “real stop-start” kind ofyear.
March was one of a number of speakers at the annual event whoseremarks suggested that the economy, the debt markets and realestate continue to send a host of mixed signals, both good andbad―and that conditions often seem to change from monthto month or week to week.
For example, March explained that from January to April, itseemed like the crisis was solved and everyone had a somewhat“bullish” outlook, like “why sell now?” May and early June rolledaround and sovereign debt fears created major volatility, he said.Then in late June, all seemed like it was going to be OK.
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